Nielsen NV (NLSN) PT Set at $61.00 by Macquarie
Nielsen NV (NYSE:NLSN) received a $61.00 target price from Macquarie in a note issued to investors on Wednesday. The brokerage presently has a a “buy” rating on the stock. Macquarie’s target price would suggest a potential upside of 17.20% from the stock’s current price.
A number of other brokerages have also recently issued reports on NLSN. BMO Capital Markets cut shares of Nielsen NV from an “outperform” rating to a “market perform” rating and set a $56.00 target price on the stock. in a report on Friday, July 22nd. They noted that the move was a valuation call. Pivotal Research reaffirmed a “hold” rating on shares of Nielsen NV in a report on Tuesday, July 26th. Bank of America Corp. reaffirmed a “buy” rating on shares of Nielsen NV in a report on Wednesday, June 15th. JPMorgan Chase & Co. upped their target price on shares of Nielsen NV from $60.00 to $64.00 and gave the company an “overweight” rating in a report on Wednesday, July 27th. Finally, Barclays PLC reaffirmed a “buy” rating on shares of Nielsen NV in a report on Saturday, July 9th. Five analysts have rated the stock with a hold rating and twelve have given a buy rating to the company. The company has a consensus rating of “Buy” and a consensus target price of $57.13.
Shares of Nielsen NV (NYSE:NLSN) traded up 1.04% on Wednesday, reaching $52.59. 1,417,105 shares of the company’s stock were exchanged. Nielsen NV has a 12 month low of $42.90 and a 12 month high of $55.94. The firm’s 50-day moving average price is $52.74 and its 200 day moving average price is $52.91. The company has a market cap of $18.79 billion, a price-to-earnings ratio of 31.80 and a beta of 0.83.
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Nielsen NV (NYSE:NLSN) last issued its earnings results on Tuesday, July 26th. The company reported $0.71 earnings per share (EPS) for the quarter, meeting the Zacks’ consensus estimate of $0.71. The company had revenue of $1.60 billion for the quarter, compared to analysts’ expectations of $1.61 billion. Nielsen NV had a net margin of 9.71% and a return on equity of 21.08%. Nielsen NV’s quarterly revenue was up 2.4% compared to the same quarter last year. During the same period in the prior year, the firm earned $0.66 EPS. Equities research analysts predict that Nielsen NV will post $2.87 EPS for the current fiscal year.
In related news, Director David L. Calhoun sold 105,441 shares of the stock in a transaction that occurred on Thursday, August 4th. The shares were sold at an average price of $52.97, for a total transaction of $5,585,209.77. Following the sale, the director now owns 941,446 shares in the company, valued at approximately $49,868,394.62. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, insider Giovanni Tavolieri sold 7,883 shares of the stock in a transaction that occurred on Thursday, August 11th. The stock was sold at an average price of $52.76, for a total transaction of $415,907.08. Following the sale, the insider now owns 21,417 shares in the company, valued at approximately $1,129,960.92. The disclosure for this sale can be found here. Corporate insiders own 1.20% of the company’s stock.
Several hedge funds have recently bought and sold shares of NLSN. Pinkerton Retirement Specialists LLC bought a new position in shares of Nielsen NV during the second quarter valued at approximately $141,000. Advisor Group Inc. bought a new position in shares of Nielsen NV during the second quarter valued at approximately $151,000. Creative Planning increased its position in shares of Nielsen NV by 300.3% in the second quarter. Creative Planning now owns 3,082 shares of the company’s stock valued at $160,000 after buying an additional 2,312 shares during the last quarter. Global X Management Co. LLC increased its position in shares of Nielsen NV by 12.8% in the second quarter. Global X Management Co. LLC now owns 3,343 shares of the company’s stock valued at $174,000 after buying an additional 380 shares during the last quarter. Finally, Point72 Asia Hong Kong Ltd increased its position in shares of Nielsen NV by 12.5% in the second quarter. Point72 Asia Hong Kong Ltd now owns 3,600 shares of the company’s stock valued at $187,000 after buying an additional 400 shares during the last quarter. Institutional investors and hedge funds own 92.33% of the company’s stock.
Nielsen NV Company Profile
Nielsen N.V. (Nielsen), formerly Nielsen Holdings N.V., is an information and measurement company. The Company is engaged in providing clients with an understanding of consumers and consumer behavior. The Company delivers media and marketing information, and analytics on a global and local basis. Nielsen operates through two business segments: Buy and Watch.
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